Indio police investigating $110K in ‘financial discrepancies’ at Sun City retirement community (CA)

The Indio Police Department is investigating a tip from a massive Indio retirement community after its management company found “financial discrepancies” of $110,000 that they said were connected to a former employee.  Sun City Shadow Hills in Indio is a 3,450-home development for people ages 55 and over, known for its golf courses, fitness facilities and clubs. It has a volunteer board of directors that runs its homeowners association, a nonprofit organization that residents join when they buy property in the community. But the complex is operated day-to-day by Associa, a for-profit management company that oversees 9,000 properties in North America.  In August, Associa informed the Sun City complex’s board of directors that an internal audit had turned up a “financial discrepancy” in accounting records. Theboard turned over the final report to Indio police earlier this month, according to an email the board sent to homeowners on Oct. 18.      Read the article…………..

Related Articles

Family escapes fire in neighboring vacant condo (IN)

An east side family is recovering Sunday after being evacuated for a fire early this morning.    Read more………

Condo owners sue, alleging shoddy construction (NE)

Condo owners in a Haymarket building are suing the bank that sold them the units. The Option Owners Association Inc.

Woman helps blind neighbor escape raging condo fire in southwest Houston (TX)

A woman said she helped her blind neighbor Tuesday morning escape a fire that destroyed several condominiums in a southwest